SBT Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Interest Income on Loans	82.06	86.68	87.38	113.82	146.7
Interest Income on Investments	53.08	40.11	12.56	2.72	4.66
Total Interest Income	135.14	126.79	99.93	116.54	151.36
Interest Paid on Deposits	78.3	57.11	14.99	18.12	37.48
Interest Paid on Borrowings	0.37	4.72	6.14	7.25	8.12
Total Interest Expense	78.67	61.83	21.13	25.36	45.6
Net Interest Income	56.47	64.96	78.8	91.18	105.77
Net Interest Income Growth (YoY)	-13.07%	-17.57%	-13.58%	-13.79%	-12.58%
Gain (Loss) on Sale of Assets	-	-	-	1.42	-
Gain (Loss) on Sale of Investments	-0.04	-0.05	-0.55	-0.14	0.29
Other Non-Interest Income	1.1	1.22	1.75	3.9	2
Total Non-Interest Income	1.06	2.79	1.35	5.81	4.34
Non-Interest Income Growth (YoY)	-62.06%	106.83%	-76.80%	33.90%	-62.12%
Revenues Before Loan Losses	57.53	67.75	80.15	96.99	110.1
Provision for Loan Losses	-8.54	-8.53	-9.93	-8.27	54.87
Revenue	66.06	76.27	90.08	105.25	55.24
Revenue Growth (YoY)	-13.38%	-15.33%	-14.41%	90.55%	-58.33%
Salaries and Employee Benefits	30.35	33.84	32.61	27.59	30.32
Occupancy Expenses	3.13	3.47	3.71	3.6	3.28
Federal Deposit Insurance	1.05	1.06	1.15	2.03	1.77
Selling, General & Administrative	21.23	26.01	32.81	32.75	39.95
Other Non-Interest Expense	6.04	7.33	9.13	6.25	8.8
Total Non-Interest Expense	61.81	71.71	79.41	72.22	84.11
EBT Excluding Unusual Items	4.25	4.56	10.67	33.03	-28.88
Legal Settlements	-	-	-18.24	-	10
Pretax Income	4.25	10.56	-7.57	33.03	-18.88
Income Tax Expense	2.11	3.15	6.63	9.64	-5.91
Net Income	2.14	7.41	-14.19	23.39	-12.97
Net Income to Common	2.14	7.41	-14.19	23.39	-12.97
Net Income Growth	-71.16%	-	-	-	-
Basic Shares Outstanding	51	51	50	50	50
Diluted Shares Outstanding	51	51	50	50	50
Shares Change (YoY)	1.11%	0.86%	0.41%	0.60%	-2.52%
EPS (Basic)	0.04	0.15	-0.28	0.47	-0.26
EPS (Diluted)	0.04	0.15	-0.28	0.47	-0.26
EPS Growth	-72.68%	-	-	-	-
Dividend Per Share	-	-	-	-	0.010
Dividend Growth	-	-	-	-	-75.00%
Effective Tax Rate	49.69%	29.81%	-	29.19%	-

Updated Mar 14, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

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